Crypto News

Bearish Breakout: XRP, also known as Ripple, has been on a downward trend in recent weeks. The cryptocurrency has struggled to maintain its price levels and has faced significant selling pressure from investors. This has led to a bearish breakout, where the price of XRP has dropped below a key support level. Key Support Level: The key support level for XRP was at $0.30, which has now been broken. This level had previously acted as a strong support for the cryptocurrency, but the recent selling pressure has caused it to break down. This has resulted in a bearish breakout, with XRP currently trading at around $0.28. Selling Pressure: The selling pressure on XRP has been fueled by a number of factors, including the overall bearish sentiment in the cryptocurrency market. The recent news of a potential SEC lawsuit against Ripple, the company behind XRP, has also contributed to the selling pressure. Investors are worried about the potential consequences of this lawsuit and are sell...